Reinsurance News

Guernsey Financial Services Authority

Paratus gets Guernsey approval to provide cover to renewable power industry

25th September 2024

Paratus Holdings has announced that Paratus Renewables Insurance Limited has been granted regulatory approval by the Guernsey Financial Services Authority (GFSC) to provide insurance cover to the renewable power industry. As a re/insurance group underwriting energy price risk, this licence approval will reportedly expand Paratus' product offering beyond aviation, maritime, and ... Read the full article